James on behalf of Saree Boroditsky's questions to Westinghouse Air Brake Technologies Corp (WAB) leadership • Q1 2025
Question
An analyst named James, on for Saree Boroditsky, inquired about the margin differential where international profitability exceeds North America's, asking about the drivers and sustainability. He also sought more detail on the 'amplified cost control measures.'
Answer
CFO John Olin clarified that higher international margins are not a new development, just newly disclosed, and are expected to continue. CEO Rafael Santana attributed this to progress in standardizing products and improving productivity in the international footprint over the past five years. Olin described the cost controls as being in addition to structural programs, involving tactical measures like reduced travel and scrutinizing investments to ensure guidance is met.